The Cryptocurrency Act of 2020 Is ‘Dead on Arrival,’ Washington Tells Sponsors

2020-3-10 21:32

The 'Youngest Bitcoin Millionaire' and Metal Pay CEO worked on an omnibus crypto regulatory bill introduced by Rep. Paul Gosar (R-AZ). This is what the industry thinks.

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Regulatory Roundup: French Court Considers Bitcoin Money, Cryptocurrencies Legitimized in South Korea, Australia, India

The cryptocurrency sector worldwide saw several historic regulatory events last week. In this roundup, we cover a landmark bitcoin ruling by a French court, South Korea’s first crypto bill, an Australian court’s ruling, Germany’s announcement, and a recent FATF meeting where more than 800 delegates discussed crypto regulations.

2020-3-10 05:00


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Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies

In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines […] The post Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies appeared first on Bitcoin News.

2020-1-23 07:55


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Crypto Payments Now Legal in Ukraine

Lawmakers in Ukraine have adopted new legislation that legalizes crypto payments as the country moves forward with strict compliance to international anti-money laundering (AML) standards. Private Individuals Can Provide Crypto Payment Services According to Forklog, members of the Verkhovna Rada — Ukraine’s legislative arm, have adopted a new bill that incorporates international AML best practices into the country’s crypto regulatory framework.

2019-12-9 13:09


Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate

Indian crypto exchanges are innovating, launching new products and improving services for their users, despite the country’s regulatory uncertainty and unresolved banking restrictions. Meanwhile, the Indian crypto community continues its efforts to convince the government that the draft bill to ban cryptocurrencies is flawed, calling for positive regulation instead.

2019-9-4 11:05


Crypto Asset Activities Fall Under Rhode Island’s Money Transmission Laws

Rhode Island has been putting effort towards clearing defining the regulatory framework of cryptocurrencies. The main question that has since stumped the U.S. state in New England is whether the virtual asset can be classified as money or some monetary value that falls under their transmitter laws. Since the passing of Bill 5847 in July […]

2019-8-9 20:18


Cryptocurrency Regulation Petition Started in India by Bitcoin Community to Accelerate Changes

It is fairly well known that the crypto community in India has suffered a number of setbacks due to various government regulations that have stalled the industry and forced several companies to leave the country or wind-up operations due to the harshness of the regulatory climate. Some details of a new bill called the “Banning […]

2019-6-17 16:53


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Cryptocurrencies Are Not Securities – U.S. Congress to Amend Outdated Definition

A new bill was introduced in the U. S. Congress on Thursday, aiming to bring regulatory clarity on cryptocurrencies, CNBC reported. The Century’s Most Innovative Technology Defined by Decades-old Legislation The bill, dubbed “Token Taxonomy Act,” was led by congressmen Warren Davidson of Ohio and Darren Soto of Florida, and focuses on two amendments.

2018-12-21 14:59